GKAT vs. HERD
GKAT (Scharf Global Opportunity ETF) and HERD (Pacer Cash Cows Fund of Funds ETF) are both Global Equities funds. GKAT is actively managed, while HERD is passively managed. Their 0.69 correlation means they have sometimes moved together and sometimes differently. GKAT charges 0.59%/yr vs 0.73%/yr for HERD.
Performance
GKAT vs. HERD - Performance Comparison
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Returns By Period
In the year-to-date period, GKAT achieves a 8.41% return, which is significantly lower than HERD's 14.97% return.
GKAT
- 1D
- 1.18%
- 1M
- 2.09%
- 6M
- 5.94%
- YTD
- 8.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HERD
- 1D
- -0.45%
- 1M
- 4.23%
- 6M
- 10.58%
- YTD
- 14.97%
- 1Y
- 29.21%
- 3Y*
- 14.59%
- 5Y*
- 10.62%
- 10Y*
- —
- ALL TIME*
- 12.92%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.90K | $73.46K | $135.75K | |
| $194.03K | $197.87K | $182.95K |
GKAT vs. HERD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GKAT Scharf Global Opportunity ETF | 8.41% | 5.93% |
HERD Pacer Cash Cows Fund of Funds ETF | 14.97% | 5.31% |
Correlation
The correlation between GKAT and HERD is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 25, 2025 | 0.69 |
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Return for Risk
GKAT vs. HERD — Risk / Return Rank
GKAT
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HERD
GKAT vs. HERD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Scharf Global Opportunity ETF (GKAT) and Pacer Cash Cows Fund of Funds ETF (HERD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GKAT | HERD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.44 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.01 | — |
| Martin ratioReturn relative to average drawdown | — | 15.56 | — |
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Drawdowns
GKAT vs. HERD - Drawdown Comparison
The maximum GKAT drawdown since its inception was -10.41%, smaller than the maximum HERD drawdown of -39.41%. Use the drawdown chart below to compare losses from any high point for GKAT and HERD.
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Drawdown Indicators
| GKAT | HERD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.41% | -39.41% | +29.00% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.68% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.60% | — |
Current DrawdownCurrent decline from peak | -2.14% | -0.70% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -2.28% | -4.50% | +2.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.83% | — |
Volatility
GKAT vs. HERD - Volatility Comparison
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Volatility by Period
| GKAT | HERD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.72% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 12.23% | 11.83% | +0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.23% | 17.68% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 20.36% | -8.13% |
GKAT vs. HERD - Expense Ratio Comparison
GKAT has a 0.59% expense ratio, which is lower than HERD's 0.73% expense ratio.
Dividends
GKAT vs. HERD - Dividend Comparison
GKAT's dividend yield for the trailing twelve months is around 0.65%, less than HERD's 2.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GKAT Scharf Global Opportunity ETF | 0.65% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HERD Pacer Cash Cows Fund of Funds ETF | 2.73% | 3.75% | 2.43% | 2.54% | 2.50% | 2.02% | 1.95% | 1.69% |
Frequently Asked Questions
GKAT and HERD have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GKAT is cheaper at 0.59% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GKAT is cheaper with a 0.59% expense ratio, compared with 0.73% for HERD.
HERD has the higher dividend yield at 2.73%, compared with 0.65% for GKAT.
They also come from different issuers: Scharf Investments and Pacer. Their fees differ too: 0.59% for GKAT and 0.73% for HERD.
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